renting-vrs-buying house

Buying House vs Rented House

When it comes to living on rent versus living in one’s own home, people who advocate the former often argue that a rental home costs less, as compared to owning a home. Those who favour owning a house, cite the freedom that it offers. While owning a home is typically the dream of every Indian, sky-rocketing property prices in the recent past have led people to opt for renting, rather than buying.

sabrimala-ayappa-swami-tempel

Ayyappa Temple Sabarimala

The temple is situated on a hilltop (about 3000 feet above sea level) named Sabarimala in Pathanamthitta district, which is unique. The temple is open to people belonging to all religions. There is a place near the temple; east of Sannidhanam (the abode of Lord Ayyappa), dedicated to Vavar (a close friend of Lord Ayyappa) which is called Vavaru Nada, an epitome of religious harmony. Another unique aspect of this temple is that it is not open throughout the year. It is open for worship only during the days of Mandalapooja, Makaravilakku and Vishu.

EPF-VPF-PPF

EPF vs. PPF vs. VPF

As the name suggests, under the VPF scheme, an employee can voluntarily contribute any percentage of his salary to the PF account. However, a subscriber needs to note that the contribution must be more than 12 percent which is the PF cap. The interest offered would be the same as that of EPF and the amount would be credited to EPF account.

rameshwaram temple

Rameshwaram Temple

Adi Shankaracharya propagated the idea of Hinduism through Advaita Vedanta and the town of Rameshwaram stands as a testimony of his faith. One of the four pilgrimage places, Char Dham of India, it modestly invites followers of Lord Shiva from everywhere to pay visit at least once in their lifetime to the Jyotirlinga installed in the Ramanathaswamy Temple. Vaishnavites are also not left in their devotion to come to this place which is believed to be associated with Lord Rama, incarnation of Lord Vishnu as well.

active-vrs-passive-income

Active vs. Passive Income

Active income is something where you will be investing lot of time. For example consider you are working on a daily 9 to 5 job and get paid at the end of the month. Here you are investing a considerable amount of time and get paid for that, if you stop working you don’t get paid. So you need to keep investing time to get paid. This kind of income is called Active income.

kumb-2019

Kumbh 2019

And once again, the king of fairs, Maha Kumbh has begun, the fair is one of the biggest get together of people across the world. Celebrated four times over the time span of 12 years with regular intervals, Kumbh Mela is a festival in itself for which millions of devotees are in waiting.

NPS national pension scheme

NPS is it worth to consider for retirement plan

At age 60, maximum 60 per cent of the corpus can be withdrawn while annuity is paid on the balance 40 per cent of accumulations. Although, maturity corpus was made partially tax-free by giving tax-exempt status to 40 per cent of the corpus amount, the balance 20 per cent of the corpus that can be withdrawn still remains taxable. One may, however, defer the lump sum withdrawal till age 70, or to avoid paying taxes on this balance, one may club it with 40 per cent annuitisation amount to buy annuity.

Retirement-planing

Retirement Planning

Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, estimating expenses, implementing a savings program and managing assets. Future cash flows are estimated to determine if the retirement income goal will be achieved.